A Cautionary Tale about Transferring Social Security Benefits
$18.6 million Wallingford Municipal FCU in Connecticut is facing a $63,000 statutory theft claim, $41,000 in punitive damages and $96,000 in attorneysâ fees as a result of transferring a $14,000 Social Security disability benefit check deposit to a defaulted loan balance; the CU is appealing the decision. [9/6]
